Memes

‼️US FEB. CPI in 30min:

Analysts Estimates: 
🔸headline: 0.3% vs 0.5% M/M prev
🔸headline: 2.9% vs 3.0% Y/Y
🔸Core CPI: 0.3% vs 0.4% M/M
🔸Core CPI: 3.2% vs 3.3% Y/Y

3.2% inflation estimate is definitely bad for crypto. This could warrant more turbulence in short term.

Looking like a bloodbath if we get these numbers

Inflationary pressures can indeed impact the crypto market. It's important to monitor economic indicators like CPI for potential market reactions. Stay informed and be prepared for possible volatility in the short term.